A financial advisor told me to put my whole 401k into this simple and moderate combination (for a 40year old) recently: LSBRX 33% (bond)WWNPX 33% (stock fund)FMIEX 33% (stock fund)Never heard of these. Let's take a look....Whoa!!!E/R's: 1.1%, 1.64%, and 0.9% for a bond fund. [[rude comment about this advisor deleted]]How about VCSH (0.15% ER) or BND (0.10%)?For stocks, how about FCNTX or VTI?Looking at a comparison chart of WWNPX, FCNTX, IWM, FMIEX, and VTI, WWNPX shoots the lights out. http://finance.yahoo.com/echarts?s=FCNTX+Interactive#symbol=...Which means that WWNPX is taking on a very large amount of risk. Which is evident from the 67% loss from Oct'07 to Feb'09. That's a loss of 2/3rds of your money. Can you stomach that kind of loss? I sure can't.You don't need to pay anything to manage your investments. Not even 0.5% that Schwabs wants. Go back in this thread and read the links I posted.If you want somebody to manage your money for free or almost free -- it ain't gonna happen. The FA's that will do it for "free" will put you in crappy funds that pay them a commission on the side.If you want to do zero effort on your part, use one of the portfolios I linked to, or just buy 60% FCNTX orVTI and 40% VSCH or BND.